Friday, March 09, 2012

Envisioning Employment: Employment Situation February 2012

Today’s Employment Situation Report indicated that in February, net nonfarm payrolls increased with private nonfarm payrolls adding 233,000 jobs and the unemployment rate going flat at 8.3% over the same period.

Net private sector jobs increased 0.21% since last month climbing 2.07% above the level seen a year ago but but remained a whopping 4.23% below the peak level of employment seen in December 2007.